503 West Walworth STREET #505, Elkhorn, WI, 53121 | 4.58% Rental Yield

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Elkhorn at 503 West Walworth STREET #505, Elkhorn, WI, 53121 listed at $574,900 pairs $2,196/mo rent with a $2,814/mo payment. Total monthly income runs $2,196/mo. Return on cash invested measures 9.51% in year one, and rental yield registers 4.58% at a $574,900 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,834 by year five. Five-year ROI tracks 47.76% and total cumulative return in cash totals $90,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,196/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1986

0.26 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53121, Elkhorn, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,796 (100%)
Owner Occupied HU	5,666 (64.4%)
Renter Occupied HU	2,000 (22.7%)
Vacant Housing Units	1,130 (12.8%)
Median Home Value	$358,424
Average Home Value	$427,617